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Article #2190Re: Have millions lost their 40 years of pension investment?
From: 1X2Willows
Date: Sat, 04 Feb 2012 02:38
Date: Sat, 04 Feb 2012 02:38
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Rod Speed wrote: > no.top.post@gmail.com wrote: > >> I'm hearing that a substantial section of US population >> had the value of their decades of investment & saving >> in pensions, wiped out over a few days. > > That is a bare faced lie. > >> If this is true, > > It isnt. > >> how will it effect the attitude towards saving for future >> generations? > > It wont because that didnt happen. > > The US has always had a situation where some do lose their > pension when the operation they are working for goes bust. > >> We see already that the 1920's experiences have >> drastically effected the German attitude to economics. > > And we have seen that they didnt with the US. > >> The current, shorter term problem of forced austerity causing >> unemployment, is a different issue, which I'm NOT discussing here. > > Its has in fact only produce unemployment rates in the US that many > european countrys would sell their first born into slavery to get. > >> It's starting to look as if the Mediteranians had the right idea > > Try telling that to the greeks. Dont be TOO surprised when they just > laugh in your face. >> to NOT 'save and live within your means', because we who >> did so, just had our savings looted. Better just enjoy life. > > Try telling that to the greeks. Dont be TOO surprised when they just > laugh in your face. >> As a 3rd world resident, of Swiss parentage, I'm a >> Swiss citizen by Swiss law. So I volantarily contributed >> to the Swiss national [AHV] pension for several years. > >> As South Africa degenerated into political chaos, in the >> 90's and foreign exchange restrictions made it impossible >> for me to get my pension payments to Switzerland on time, >> the AHV saw the opportunity to "cancel my membership", >> and loot my contributions. > > You could do the decent thing and set fire to yourself > outside the parliament building in Geneva. > >> Documentation dating back to the 90's revealved that the >> AHV accounts were under strain then. Apparently, working >> on statistical principles, if they could disqualify, and loot the >> contributions of sufficient victims, the AHV could improve >> its situation. Members like me who would soon be eligible >> for benefits were particularly profitable victims. > > See just above. > >> The most unethical part is perhaps, that when the AHV >> invited citizens to PAY, via 'adverts' from their foreign >> embassies, they had no problem in communicating in English. >> But after they decided to loot the victims, they could not >> understand English, and all official correspondence to the >> effect, repeatedly, of <you have 30 days to appeal> was >> delivered in German LEGALESE which I had to pay to get >> translated. > > See just above. > >> Since my contributions and corresponding benefit entitlments >> were low, my situation is not disasterous. But I consider it my >> civic duty to publicise this matter, > > You'd get a lot better publicity if you set fire to > yourself outside the parliament building in Geneva. > >> and point out that if the Swiss government department/s >> are so unethical, this may reflect a national charcteristic, > > LIkely it does given that they so enthusiastically helped the > germans to launder gold stolen from the jews they externinated > and that they got from their teeth after cremation. > >> and I'd advise anyone against dealings with Swiss businesses >> which leaves them vunerable to situations like I've described. > > Bugger, does that mean I will have to shut down my swiss bank > accounts ? > Where do you propose I move all that money to ? > >> Perhaps the nazi-looted-Jews case confirms my point. > > You've been reading my mail, havent you ? What amusing proof of an entire nation's education delegated to Jollywood. Why wasn't this posted to soc.culture.sweden in the first place?
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From: "1X2Willows" <nospam@this.addy>
Newsgroups: sci.econ,ch.soc.law,soc.culture.swiss
Subject: Re: Have millions lost their 40 years of pension investment?
Date: Fri, 3 Feb 2012 18:38:55 -0800
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